Small businesses still being taxed on carbon rebates, federation says | Unpublished
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Source Feed: The Globe and Mail
Author: Catherine Morrison
Publication Date: February 9, 2025 - 09:46

Small businesses still being taxed on carbon rebates, federation says

February 9, 2025
Small businesses across Canada are still being taxed on their carbon tax rebates despite a commitment from the former finance minister that they would be tax-free, says the Canadian Federation of Independent Business (CFIB).The business group says it has been informed by the Canada Revenue Agency that the rebate is considered government assistance to taxpayers and that it’s subject to income tax.


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